RE: RE: RE: Accelerated Expiry of Warrants"There's enough volume on this stock to absorb that many warrants in ahurry. 2-3 days of solid volume would absorb that without a hitch."
That "assumes" said warrants will sell upon conversion. With no notes within reach, I must "assume" said warrant holders were part of a prior PP (ie: Prophecy or Red Hill/other). If so, and if they wanted to sell, they most likely already have per the common purchased and retained the warrants going forward as a hedge. Just a thought.
I agree with you on daily volume amounts. By the end of the month, I expect news as to listing on the Mongolia exchange (ie: indicated by Mr. Lee months ago as a new listing objective). As Hong Kong remains in the mix, the long story short is that Asian investors will obtain greater access to the shares as opposed to trading in the Canadian and the US markets. As institutional and longer term investors take hold in the shareholder base, the public float of shares outstanding will keep getting tighter and tighter and in an environment of one good news release after another.
Or so I think......